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29 January 2025 | 3 replies
There's a standard syndication that goes out to sites like Zillow, Redfin etc that is included when it is listed in the MLS; hence why people can find properties from across the country.
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26 January 2025 | 17 replies
Around this time I discovered Bigger Pockets and a bunch of real estate platforms online.
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31 January 2025 | 5 replies
They have no 2-factor authentication and don't email you to confirm that you want to update your login, both of which I'd consider industry standard these days.
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31 January 2025 | 22 replies
I've now used it twice.The program requires 10% down, must be a rental, no PMI, and has a very high standard of credit.Last I did it (Summer 2022), my rate landed in the low 5%.
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4 February 2025 | 18 replies
My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.
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14 February 2025 | 37 replies
I call them Micro hotels/co-op living—12-bedroom duplexes with 12 baths and two standard common living room kitchen spaces.
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30 January 2025 | 5 replies
While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.
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5 February 2025 | 11 replies
Assuming you are 100% certain your plumbing is up to standards.
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19 February 2025 | 14 replies
I'd recommend sticking to duplexes and triplexes. 4 units are considered commercial by building standards and have higher scrutiny.
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19 February 2025 | 9 replies
Every HML will work somewhat different but here is the standard flow:1) Get pre-approved with an HML - This should be free.